Argentina is 87% planted, just 2 points behind the average pace.  Plenty of time to add some weather risk premium into this market.

Corn, wheat, and cotton all started the year off on a positive note with wheat leading on threats of cold weather harming some of the Plains wheat crop.  Cotton fell […]

10 pts behind the 5 year average, but a large portion of that in La Pampa which is only about 1% of ARG production. Buenos Aires and Cordoba are closer […]

1.5-3 inches of rain over the weekend. Heat returns in the 6-10 day, but the rainfall today has pushed beans to recent lows. Chart needs to hold the trendline … […]

US corn crop conditions 66% good/excellent vs 66% expected (64-67% range of ideas), 66% last week -US corn harvest 54% complete vs 53% expected (50-58% range of ideas), 38% last […]

By Chuck Abbott 10/30/2017 USDA On his first day at work, Agriculture Secretary Sonny Perdue told employees, “I don’t cage too well.” So it was apt that the peripatetic Perdue […]

October 24, 2017 Keith Good agricultural economy An article on the front page of Saturday’s Des Moines Register explored issues associated with corn and soybean production, prices, and farm profitability […]

Todd Hubbs Department of Agricultural and Consumer Economics University of Illinois farmdoc daily (7):194 Recommended citation format: Hubbs, T. “Soybean Acreage in 2018.” farmdoc daily (7):194, Department of Agricultural and Consumer Economics, University […]

Gary Schnitkey and Todd Hubbs Department of Agricultural and Consumer Economics University of Illinois farmdoc daily (7):190 Recommended citation format: Schnitkey, G. and T. Hubbs. “Expectations for Corn and Soybean Prices over the […]

October 16, 2017 Todd Hubbs Department of Agricultural and Consumer Economics University of Illinois October 16, 2017 farmdoc daily (7):189 Recommended citation format: Hubbs, T. “Weekly Outlook: Moving Forward after the […]